Thu, 14 Aug 2014 07:12:08 GMT
Sterling reaches its lowest in four months
The Pound hit a
four-month low after BoE stated that it is not in a rush to raise
interest rates. Mark Carney also added that future wages are most
likely to influence the exact time of the interest hike. These
comments made the GBP/USD pair fall to 1.6668 - a level not
seen since mid-April. The Cable has already dropped 3% from the six year